Department of Revenue News Release
January 23, 2014Sikeston License Office contract awarded
JEFFERSON CITY - The Office of Administration, in conjunction with the Missouri Department of Revenue, has awarded the management contract for the Sikeston License Office to Terry Ramsey Cole, Inc. of Sikeston. All license office contracts in Missouri are awarded through a competitive bid process.
Terry Ramsey Cole, Inc. has been the contractor of the Sikeston License Office since 2005. The company also operated the Sikeston office from 1981 to 1993.
The Sikeston License Office will remain at its current location at 419 Cole St.
In fiscal year 2013, more than 50,000 transactions were conducted at the Sikeston office, generating approximately $168,700 in agent processing fees. Terry Ramsey Cole's contract includes an annual commitment to return 7 percent (approximately $11,800) of future processing fees to the state.
All local license offices are overseen by the Missouri Department of Revenue, but each is operated by an independent agent.
Follow the Missouri Department of Revenue on Twitter @MoRevenue